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Alan Reynolds: The Mumbo-Jumbo of 'Middle-Class Economics'
The statistics used to claim that average incomes have stagnated since 1980 also show stagnation since 1968. In the “Economic Report of the President” released on Feb. 19, the White House’s Council of Economic Advisers defines “middle class economics” primarily by the average income of the bottom 90%. “Average income for the bottom 90 percent
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Posted: March 2, 2015 Monday 07:01 PM